Aluminium billet inventories in China rise by 3,700 tonnes on higher arrivals
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased this week on higher arrivals at warehouses. The inventories rose by 3,700 tonnes from a week ago to 72,700 tonnes as of Thursday, 03 December 2020.
The chart below indicates the current status of aluminium billet inventories across China in more details:
Inventories in Wuxi registered a hike of 3,400 tonnes from last week. The stock stood at 22,800 tonnes on Thursday, 03 December 2020, from 19,400 tonnes on November 26. The inventories of aluminium billets in Foshan climbed by 1,100 tonnes to 13,700 tonnes.
But the stocks of aluminium billets in Changzhou and Huzhou declined by 960 tonnes and 1,000 tonnes to come in at 9,240 tonnes and 13,000 tonnes. In Nanchang, the stocks inched up by 1,150 tonnes to 13,950 tonnes on Thursday, 03 December 2020.
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